Measures to Prevent Financial Contagion

Interview with Prof. José Manuel González-Páramo

21/03/2013

The integration of financial markets, a new attitude among investors and the lack of mechanisms to deal with turbulence have all contributed to financial contagion within the eurozone. Measures can be taken to reduce the contagion, says Prof. José Manuel González-Páramo, but business will have to wait some time before they notice any benefits.